The average price in the Missouri region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in Missouri has increased strongly in the last 6 months. During October, the average price per sq.feet was $168. The following month (November) the price had a considerable increase reaching $255 per sq.feet. The following two months (December, January) there has been a deflation of 87 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant increase of 197 %. This has been obtained by comparing the price of $198.25 for the first four months of the sample with regard to the previous 4 months and the price of $391.5 per sq.feet for the last two months (February, March).
Based upon to the price in Missouri(region), this has increased considerably in the last 6 months. In the first month sample for October the average price is $298,131. During November it went through a strong inflation reaching $358,333 The average price for the following two months (December, January) increased from $328,232 to $345,024.5. During the last two months the average price has remained stagnant and has gone from $336,628.25 to $338,446.5 during February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 59 % more affordable than the average price in Missouri followed by those with 2 with an average price of $177,864. The most costly properties have 4 bedrooms. They are 22 % more expensive than the average followed by those properties with 3 bedrooms priced at $250,051.
Based on the average price per sq.feet those properties with 2 bedrooms are the cheapest ones with a price of $176 / sq.feet being $459 / sq.feet the average value within the Missouri region. The properties with the cheapest average price are those with 3 bedrooms. These are 41 % lower than the average followed by those with 4 bedrooms with a price of $203 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $338,731 it is 51 % more affordable than the average in Missouri. This is followed by "Condo" with a price of $274,507. The dearest property type is "Commercial" and is 47 % more expensive than the average, followed by "Apartment" with a cost of $364,422.
Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $187 / sq.feet, followed by "Apartment" with a price of $208 / sq.feet. "Land" with an average price of $1,908 / sq.feet is the most costly type of property followed by "Commercial" at a price of $963 / sq.feet.